XML 16 R3.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and equivalents $ 431 $ 466
Restricted cash 4 3
Accounts receivable, net 476 514
Inventories, net 164 169
Other current assets 193 193
Total current assets 1,268 1,345
Property and equipment, net 418 436
Intangible assets, net 126 127
Operating Lease, Right-of-Use Asset 168 165
Investments in non-consolidated affiliates 51 48
Other non-current assets 133 150
Total assets 2,164 2,271
LIABILITIES AND EQUITY    
Short-term debt, including current portion of long-term debt 0 37
Accounts payable 494 511
Accrued employee liabilities 74 73
Operating Lease, Liability, Current 31 30
Other current liabilities 189 147
Total current liabilities 788 798
Long-term debt 348 348
Employee benefits 280 292
Operating Lease, Liability, Noncurrent 145 139
Deferred tax liabilities 29 27
Other non-current liabilities 72 72
Stockholders' equity:    
Preferred stock (par value $0.01, 50 million shares authorized, none outstanding as of September 30, 2020 and December 31, 2019) 0 0
Common stock (par value $0.01, 250 million shares authorized, 55 million shares issued, 28 million shares outstanding as of September 30, 2020 and December 31, 2019) 1 1
Additional paid-in capital 1,344 1,342
Retained earnings 1,605 1,679
Accumulated other comprehensive loss (282) (267)
Treasury stock (2,283) (2,275)
Total Visteon Corporation stockholders' equity 385 480
Non-controlling interests 117 115
Total equity 502 595
Total liabilities and equity $ 2,164 $ 2,271